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Bay Street Likely To Open Slightly Down On Weak Oil Prices

The Canadian market may open slightly down on Friday as weak crude oil prices could weigh on energy stocks. However, firm bullion prices, and easing concerns about the outlook for U.S. economic growth are likely to limit market's downside.
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Texas Instruments To Get $1.6 Bln Govt. Funding To Support 300mm Chip Fabs

Texas Instruments To Get $1.6 Bln Govt. Funding To Support 300mm Chip Fabs

Semiconductor major Texas Instruments Inc. Friday said it has signed a preliminary agreement with U.S. Department Of Commerce to receive up to $1.6 billion in direct funding through the CHIPS and Science Act for 300mm semiconductor manufacturing in Texas and Utah. The company also expects to receive an estimated $6 billion to $8 billion from the U.S. Department of Treasury's Investment Tax Credit
RTTNews | 70 दिनों पहले
Sensex, Nifty Rally; Auto And IT Stocks Top Gainers

Sensex, Nifty Rally; Auto And IT Stocks Top Gainers

Indian shares followed global peers higher on Friday as strong U.S. retail sales data and low weekly jobless claims figures soothed fears of an impending recession in the world's largest economy.
RTTNews | 70 दिनों पहले
Eurozone Trade Surplus Surges In June

Eurozone Trade Surplus Surges In June

The euro area trade surplus surged in June driven by the increase in surplus for machineries and vehicles, chemicals and other manufactured goods. The trade surplus rose to EUR 22.3 billion in June from EUR 14.0 billion in May, data published by Eurostat showed on Friday. This was well above economists' forecast of EUR 13.3 billion.
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Kroger Now Plans To Cut Grocery Prices By $1 Bln Upon Albertsons Merger

Kroger Now Plans To Cut Grocery Prices By $1 Bln Upon Albertsons Merger

Supermarket chain Kroger Co., amid the ongoing regulatory hurdles in its proposed $25 billion merger with Albertsons Cos., now plans to cut grocery prices by $1 billion, upon the closure of the deal, Bloomberg reported. This is double the $500 million cut in prices the company announced, while the merger deal was revealed in 2022. The supermarkets also plan to spend $1 billion to increase...
RTTNews | 70 दिनों पहले
European Shares Extend Gains For Fourth Day; FTSE 100 Underperforms

European Shares Extend Gains For Fourth Day; FTSE 100 Underperforms

European stocks were broadly higher on Friday, rising for a fourth straight session as strong U.S. retail sales data and low weekly jobless claims figures soothed fears of an impending recession in the world's largest economy.
RTTNews | 70 दिनों पहले
FTSE 100 Drifts Lower As Pound Gains On Upbeat Retail Sales Data

FTSE 100 Drifts Lower As Pound Gains On Upbeat Retail Sales Data

U.K. stocks drifted lower on Friday while the British pound strengthened against other major currencies after official data showed that U.K. retail sales volume rebounded in July - dashing investor hopes of a Q4 Bank of England rate cut.
RTTNews | 70 दिनों पहले
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DAX Extends Gains On Economic Optimism

DAX Extends Gains On Economic Optimism

German stocks rose on Friday to extend gains from the previous session as fears of a U.S. recession eased and optimism prevailed that the Federal Reserve would lower interest rates by at least 25-basis at next month's upcoming policy meeting.
RTTNews | 70 दिनों पहले
Asian Shares Climb On US Growth Optimism

Asian Shares Climb On US Growth Optimism

Asian stocks advanced on Friday as encouraging U.S. data on inflation and retail sales allayed recession fears in the world's largest economy but prompted traders to push back expectations for aggressive rate cuts by the Federal Reserve.
RTTNews | 70 दिनों पहले
Pound Rises On Strong U.K. Retail Sales Data

Pound Rises On Strong U.K. Retail Sales Data

The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales volume rebounded in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales.
RTTNews | 70 दिनों पहले
UK Retail Sales Recover In July

UK Retail Sales Recover In July

UK retail sales volume rebounded in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales. Retail sales increased 0.5 percent on a monthly basis in July, following a revised 0.9 percent fall in June. Economists had forecast sales to grow 0.6 percent.
RTTNews | 70 दिनों पहले
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Friday.
RTTNews | 70 दिनों पहले

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